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We analyze the effects of declining population growth on automation. A simple theoretical model of capital accumulation … predicts that countries with lower population growth introduce automation technologies earlier. We test the theoretical …
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We analyze the effects of automation on the wages of high-skilled and low-skilled workers and thereby on the evolution …
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In this paper we characterize workers’ vulnerability to automation in the near future in the six largest Latin American … economies as a function of the exposure to routinization of the tasks that they perform and the potential automation of their … other labor variables. We find that the ongoing process of automation is likely to significantly affect the structure of …
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processes? The present paper addresses this question in a new macroeconomic model of automation where competitive firms perform … and substitute for labor in the performance of tasks. Automation is labor-augmenting in the reduced-form aggregate … though the aggregate production function is Cobb-Douglas. Population aging due to a higher longevity reduces automation in …
Persistent link: https://www.econbiz.de/10012597831
Rapid technological progress poses challenges for labor markets. Automation can both displace and create jobs … further decline in the labor share of national income. This paper reviews the impact of automation and artificial intelligence …
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